Bitcoin SV (BSV) Trading Up 25.1% Over Last Week

Bitcoin SV (BSV) traded up 5% against the U.S. dollar during the twenty-four hour period ending at 0:00 AM E.T. on March 29th. During the last week, Bitcoin SV has traded 25.1% higher against the U.S. dollar. One Bitcoin SV coin can now be bought for approximately $99.50 or 0.00142364 BTC on popular cryptocurrency exchanges. Bitcoin SV has a market cap of $1.96 billion and $160.37 million worth of Bitcoin SV was traded on exchanges in the last day.

Here’s how similar cryptocurrencies have performed during the last day:

• Bitcoin (BTC) traded down 0.7% against the dollar and now trades at $69,891.33 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded 4% higher against the dollar and now trades at $602.91 or 0.00862638 BTC.
• Arweave (AR) traded 6.9% lower against the dollar and now trades at $39.30 or 0.00056226 BTC.
• eCash (XEC) traded down 4.2% against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• Syscoin (SYS) traded up 2.8% against the dollar and now trades at $0.29 or 0.00000418 BTC.

Bitcoin SV Profile

Bitcoin SV is a proof-of-work (PoW) coin that uses the SHA-256 hashing algorithm. It was first traded on November 15th, 2018. Bitcoin SV’s total supply is 19,674,506 coins. Bitcoin SV’s official Twitter account is @bsvblockchain and its Facebook page is accessible here. Bitcoin SV’s official website is www.bsvblockchain.org.

According to CryptoCompare, “Bitcoin SV (BSV) is a cryptocurrency resulting from a 2018 hard fork of Bitcoin Cash (BCH) due to disagreements within its community. Led by Craig Wright and Calvin Ayre, BSV aims to restore Satoshi Nakamoto’s original vision and scale the blockchain for more transactions. Its focus includes stability, scalability (increased block size limit to 2 GB), security, and safe instant transactions. BSV has faced controversy, particularly due to Wright’s unproven claims of being Bitcoin’s creator. It is essential to research a project’s goals, technology, and community before investing or participating.”

Bitcoin SV Coin Trading

It is usually not presently possible to buy alternative cryptocurrencies such as Bitcoin SV directly using US dollars. Investors seeking to acquire Bitcoin SV should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Coinbase, Changelly or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Bitcoin SV using one of the exchanges listed above.

BSV/USD price chart by TradingView